Comparing multipurpose forest management with timber management, incorporating timber, carbon and oxygen values: A case study

This paper comparatively examines two forest management planning approaches: multipurpose forest management and traditional timber management, with carbon, timber and oxygen production objectives in mind. The effects of both approaches on carbon and oxygen values were estimated with an oxygen and carbon flow matrix, while timber production was modelled through a growth and yield model. The estimated values were simultaneously integrated into a linear programming model developed for this study. The objective was to maximize the net present value (NPV) of the profits of timber, oxygen and carbon under the constraints of an even flow of timber production and ending forest inventory for each planning approach. The results showed that the ecological and environmental regulations in multipurpose management substantially decreased the NPV of timber production even though they increased the NPV of carbon and oxygen flow. The results also indicated that over a 100 year planning horizon the total NPV of all forest ecosystem values including carbon, timber and oxygen is almost the same (only 1.9% reduction in multipurpose management approach) in both management approaches. Although multipurpose management creates more NPV of carbon and oxygen than timber management does, the latter provides better results in terms of timber production. It is therefore important to take into account the NPV of all apparent and quantifiable forest values in preparing forest management plans, particularly in developing new management planning approaches.